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California couple finds $10 million in rare coins while out walking dog
AP ^ | February 25, 2014/

Posted on 02/25/2014 4:49:29 PM PST by ConservativeStatement

LOS ANGELES – A Northern California couple out walking their dog on their Gold Country property stumbled across a modern-day bonanza: $10 million in rare, mint-condition gold coins buried in the shadow of an old tree.

(Excerpt) Read more at foxnews.com ...


TOPICS:
KEYWORDS: afterthegoldrush; california; coin; coins; gold; goldbugs; numismatics; treasure
Anyone here have it?
1 posted on 02/25/2014 4:49:29 PM PST by ConservativeStatement
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To: ConservativeStatement

The dog has a good case to get at least 1/3, but probably a lot more for sniffing the spot


2 posted on 02/25/2014 4:51:42 PM PST by C210N (When people fear government there is tyranny; when government fears people there is liberty)
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To: ConservativeStatement

Some people just can’t keep their mouths shut.........They’re gonna regret that publicity.


3 posted on 02/25/2014 4:52:46 PM PST by Hot Tabasco (Occam's razor was made by Gillette)
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To: ConservativeStatement

How stupid to say a thing! Yeesh!


4 posted on 02/25/2014 4:54:03 PM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: ConservativeStatement
And then there's this.
5 posted on 02/25/2014 4:56:05 PM PST by rabidralph
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To: rabidralph

This is the philosophy I used at the horse track (sarcasm):

“beginners may find $5 in gold, but if they’re lucky could take home as much as $200 worth.”


6 posted on 02/25/2014 4:59:33 PM PST by ConservativeStatement ("World Peace 1.20.09.")
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To: ConservativeStatement

Blast! I KNEW I should have buried it elsewhere.....


7 posted on 02/25/2014 5:01:01 PM PST by Altariel ("Curse your sudden but inevitable betrayal!")
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To: ConservativeStatement
California couple finds $10 million in rare coins while out walking dog

Make total sense to me. I know a guy who lost $100,000 worth of guns and ammunition while going to the 7-11 to get a Slurpee.

8 posted on 02/25/2014 5:01:46 PM PST by Steely Tom (How do you feel about robbing Peter's robot?)
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To: ConservativeStatement

Any of the coins those square California dollars?


9 posted on 02/25/2014 5:03:03 PM PST by Ruy Dias de Bivar (Sometimes you need 7+ more ammo. LOTS MORE.)
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To: ConservativeStatement; a fool in paradise

I( gotta start praying to a different saint, the current dude is not delivering!


10 posted on 02/25/2014 5:03:27 PM PST by Revolting cat! (Bad things are wrong! Ice cream is delicious! We reserve the right to serve refuse to anyone!)
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To: ConservativeStatement; a fool in paradise

That’s too bad. D-I-V-O-R-C-E ...5...4...3...


11 posted on 02/25/2014 5:06:51 PM PST by Revolting cat! (Bad things are wrong! Ice cream is delicious! We reserve the right to serve refuse to anyone!)
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To: ConservativeStatement

I can’t imagine why on earth they would tell anyone about it.


12 posted on 02/25/2014 5:09:03 PM PST by arthurus (Read Hazlitt's Economics In One Lesson ONLINEhttp://steshaw.org/economics-in-one-lesson/)
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To: arthurus
I can’t imagine why on earth they would tell anyone about it.

Before and after they moved out of California to a Tax Free, Pro 2nd Admendment, Pro Fracking Republican State...

13 posted on 02/25/2014 5:14:31 PM PST by taildragger (The E-GOP won't know what hit them, The Party of Reagan is almost here, hang tight folks....)
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To: arthurus
I can’t imagine why on earth they would tell anyone about it.

It's California.

Telling people about it means news reporters show up.

There's a good chance some of those reporters will be accompanied by video cameras.

That means that there's a chance that the finders will be on television.

That, in turn, means that maybe they'll be seen by millions of people. Some of those people may be agents or talent scouts for the entertainment industry.

Therefore, there's a chance that they, or their faces, or bodies, or voices, or personalities, or stories, or something, could lead to a movie deal.

They figure that the chance of meeting with foul play as a result of publicizing their newfound wealth is worth the gamble, because it gets them their first fifteen minutes of fame.

14 posted on 02/25/2014 5:16:56 PM PST by Steely Tom (How do you feel about robbing Peter's robot?)
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We are within striking distance for yellow!

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15 posted on 02/25/2014 5:21:07 PM PST by RedMDer (May we always be happy and may our enemies always know it. - Sarah Palin, 10-18-2010)
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To: arthurus

That’s no biggie. I found $20 million worth in rare coins and didn’t tell a soul.

oh wait.


16 posted on 02/25/2014 5:29:50 PM PST by Texas resident
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To: ConservativeStatement

This thread brought to you by Lear Capital


17 posted on 02/25/2014 5:29:53 PM PST by bigbob (The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
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To: taildragger

Explain to me how that avoids federal income tax. Thanks in advance.


18 posted on 02/25/2014 5:30:00 PM PST by 1rudeboy
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To: ConservativeStatement
They plan to put most of the coins up for sale through Amazon while holding onto a few keepsakes. They'll use the money to pay off bills and quietly donate to local charities their Obamacare premium, Kagin said.
19 posted on 02/25/2014 5:33:04 PM PST by liberalh8ter (The only difference between flash mob 'urban yutes' and U.S. politicians is the hoodies.)
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To: 1rudeboy

I can’t, I am rusty in that area, especially if it falls into the arena of collectibles and other odd income streams. I’d have to reach for the Aspirin....


20 posted on 02/25/2014 5:36:35 PM PST by taildragger (The E-GOP won't know what hit them, The Party of Reagan is almost here, hang tight folks....)
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To: Ruy Dias de Bivar
I think you mean octagonal coins. There were some small ingots but no "square" California dollars.
21 posted on 02/25/2014 5:37:53 PM PST by hinckley buzzard
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To: ConservativeStatement

Quite possibly the dumbest couple in America. Chances are excellent they are Democrats.


22 posted on 02/25/2014 5:57:32 PM PST by ought-six ( Multiculturalism is national suicide, and political correctness is the cyanide capsule.)
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To: Hot Tabasco

They found it last April apparently and have had PCGS and a guy in Tiburon going over them and grading them.

Smart would have been to filter them through PCGS a few at a time and sell them as needed. That would have negated the neat provenance of them though.

I’d assume they have the legal scene pretty tight, You can really get taken to the cleaners by douchebags if you just own up to a find like this, with people filing claims on it and never winning, but evaporating the finds in legal fees.


23 posted on 02/25/2014 6:00:47 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: ConservativeStatement

Their dog is a GOLDEN RETRIEVER.


24 posted on 02/25/2014 6:13:28 PM PST by bunkerhill7 ("The Second Amendment has no limits on firepower"-NY State Senator Kathleen A. Marchione.")
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To: ConservativeStatement

I had a local (senior citizen type) tell me that there is Rebel gold buried in the hills around us somewhere. They said before the Union army got here the locals buried all their valuables in the hills, and carefully noted where it was. After the war, whoever knew the location was no longer around. He said his dad and grandad used to spend time hunting for it.


25 posted on 02/25/2014 7:03:14 PM PST by Grammy (He frustrates the devices of the crafty, so that they cannot carry out their plans. Job 5:12)
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To: Grammy

I bet this is stolen bank money. The robbers were either caught by the sheriff and hanged or indians caught them and staked them out in the hot sun.

Or they buried the money then forgot where they buried it and spent the rest of their life roaming the hills and ended their days driven mad.


26 posted on 02/25/2014 7:14:53 PM PST by minnesota_bound
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To: ConservativeStatement

I lived in California during the 1970’s, and remember reading at the time of another coin cache found in this same area.....the California Gold Country.

In fact, I was just thinking about this story the other day.

Apparently, someone purchased a parcel of land in the “Mother Lode” region of California. A previous owner.....either a doctor or a chiropractor....buried huge amounts of Morgan Silver dollars and “Peace” Silver dollars in old glass jars on the property.

Over time, these glass jars broke and the dirt on the property was “littered” with thousands of these silver dollars, much to the delight of the current owner of the land.


27 posted on 02/25/2014 7:35:58 PM PST by july4thfreedomfoundation (I don't want to feel "safe." I want to feel FREE!)
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To: ConservativeStatement
Not very much reading comprehension in this thread. They have chosen to be anonymous so they aren't looking for publicity. They went to one of the top private coin experts in the US and took a year deciding what to do before telling the general public anything. But here in this thread all of a sudden they are stupid attention seeking media whores who apparently just wrecked their lives. Makes perfect sense.
More info here
Mary: We knew almost immediately that we would sell them, but we couldn’t just go to anyone – we had to walk that path really carefully…
John: We knew better than to go to any local pawn broker with the coins to put them on the market, we knew better than that.
Q. Some lottery winners have later said that such sudden wealth ended up being more of a curse than a blessing. Have the two of you discussed how you will navigate the path ahead and the potential pitfalls that might come with instant great wealth?
Mary: We try not to dwell on the negative.
John: It will be a broader path than the one we have been on.
Mary: Money can change other people’s perception of us more than our own perception of ourselves. Have you heard the song by Cindy Lauper, Money Changes Everything? We don’t want that; we don’t plan to tell our extended family or friends until more time goes by.
Q. You have chosen to remain anonymous out of concern for your family’s safety and potentially from being overwhelmed by the media. But how do you think this find will change your lives?
Mary: We’re the same people we were before, just with more freedom of choice. Our finances won’t have to dictate so many of our day to day decisions.

28 posted on 02/25/2014 7:36:10 PM PST by soonerborn
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To: Hot Tabasco

How could they get full numismatic value if they didn’t go through a public sale?


29 posted on 02/25/2014 8:13:54 PM PST by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both.)
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To: BenLurkin
How could they get full numismatic value if they didn’t go through a public sale?

I'm sure there's ways, such as private collectors who would just as sooon not involve the IRS

30 posted on 02/26/2014 3:14:55 AM PST by Hot Tabasco (Occam's razor was made by Gillette)
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To: Hot Tabasco
Wasn't it in the 1920's when FDR signed a law into affect making it illegal to own gold coins?

Wonder if somebody (maybe the first FReeper)decided the government wasn't going to tell him he could not own gold coins.

31 posted on 02/26/2014 3:30:35 AM PST by mware
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